Senior ALM Analyst

3 weeks ago


Phoenix, Arizona, United States Western Alliance Bank Full time
Job Title: Senior ALM Analyst

Western Alliance Bank is seeking a highly skilled Senior ALM Analyst to join our team. As a key member of our Asset Liability Management (ALM) team, you will be responsible for supporting modeling, system enhancements, and overall balance sheet management.

Key Responsibilities:
  • Assist with running the ALM model to generate Funds Transfer Pricing (FTP) and Capital Stress Testing (CST) forecasts.
  • Conduct in-depth analysis of model results, identifying trends and providing insights to senior management.
  • Play a key role in the transition to a new ALM system, including configuration, testing, and shared use with other teams.
  • Collaborate with team members to streamline processes, test new data connections, and customize reporting from the ALM system.
  • Assist in creating presentation materials summarizing ALM enhancements and results for the Balance Sheet Management Sub-Committee and ALCO.
  • Collaborate with second-line of defense teams, including Model Risk, to support ALM governance and improvements.
  • Maintain model documentation and procedures for ALM models.
  • Perform ad-hoc analyses as needed in a fast and efficient manner.
Requirements:
  • Bachelor's degree in finance, mathematics, business administration, accounting, or economics (5+ years of previous related work experience may be substituted for educational requirements).
  • Master's degree or professional certification preferred.
  • A minimum of 3 years of experience in financial services working with complex financial instruments (5 years preferred).
  • 1+ years of hands-on experience with ALM systems (QRM, BancWare, Empyrean).
  • Ability to understand, test, and interpret the impact of quantitative models on ALM results.
  • MS Office experience, including Advanced Excel, required.
  • Working knowledge of data management systems and visualization software preferred (SQL, SAS, Tableau, MS Business Intelligence).
  • Proactive and positive attitude, excellent communication skills, and strong attention to detail.
Benefits:

We offer a competitive salary, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, employee volunteer program, and wellness program.

You will have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career.


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